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Multi-Building Retail and Car Wash
For Sale
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Pending

425 S Croft Ave, Inverness, FL 34453

Parkside Plaza features multiple concrete block buildings with retail units and a 4-bay self-serve car wash.

Property SizeContact for details
Days on Market135

Property Features for 425 S Croft Ave

General Information

Standard status Pending
Property subtype Retail

Site & Location

Traffic Count 34,500 vehicles/day
Highway Access Yes

Additional Details

Cap Rate 7.14%
Service Bays 4

Building Details

Tenancy Multi
Listing Agency: Century 21 J W Morton Real Estate Inc
Listed By: Elias George Kirallah · License #BK3123414
Source: Crexi
Added: Apr 13 Changed: Aug 25 Last Checked: Aug 24 at 4:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 J W Morton Real Estate Inc

Investment Insights

Based on property information with market context.

Parkside Plaza is a shopping center comprised of four concrete block buildings totaling 11,048 SF of leasable space across eight units. The center includes retail and service space currently anchored by Mobil 1 Automotive Center and Allstate Insurance, along with additional businesses. The property also contains a 4-bay self-serve car wash measuring 1,817 SF.

The site is located in Inverness, Florida just off the spine of Highway Commercial in Citrus County, with traffic cited as over 34,500 AADT on SR-44. The plaza is described as part of a larger national retail shopping district, with nearby power centers featuring a mix of national retailers and restaurants.

Recent improvements noted include resealed parking areas, exterior painting, and a new roof in 2020, along with partial AC change-outs in 2017. The property information also references long-established leasing for the Mobil 1 tenant, including escalations.

Key Highlights

  • Parkside Plaza in Inverness, FL with 11,048 SF of leasable space across 8 units in (4) concrete block buildings.
  • Includes a 4‑bay self‑serve car wash totaling 1,817 SF.
  • Current tenants include Mobil 1 Automotive Center and Allstate Insurance, plus other businesses.

Property Analytics

Current Use

Wholistic Mystics Metaphysical Supply Store Job Site Services Waste Management Facility

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Service bays
34,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34453, FL

10,964
Population
5,628
Households
1.9
Avg Household Size
54
Median Age
19%
College-Educated
94%
High-School Grad
27.1 sq mi
ZIP Area
405
Density / Sq Mi
$58,064
Median Household Income
$33,341
Median Earnings
$1,046
Median Rent
$174,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Quick-Tag Walmart Supercenter, 2461 E Gulf to Lake Hwy, Inverness, FL 34453
  • Citrus Center 2755 E Gulf to Lake Hwy, Inverness, FL 34453
  • Croft Plaza 2901 E Gulf to Lake Hwy, Inverness, FL 34453

Frequently Asked Questions

What type of property is this?
Shopping center - Parkside Plaza features multiple concrete block buildings with retail units and a 4-bay self-serve car wash.
Where is this shopping center located?
The property is located at 425 S Croft Ave Inverness, FL.
What are key features of this property?
This property features: Parkside Plaza in Inverness, FL with 11,048 SF of leasable space across 8 units in (4) concrete block buildings.; Includes a 4‑bay self‑serve car wash totaling 1,817 SF.; Current tenants include Mobil 1 Automotive Center and Allstate Insurance, plus other businesses.
(352) 400-2635 Call to check price and availability
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